Electric vehicle sales have soared by 160% over the past year, and the trend is showing no sign of slowing. More than 300 million new EV charging ports will be Continue Reading
China-based EV maker NIO has entered into a strategic partnership with Shell to further its involvement in electric vehicle and energy industries globally. As part of this new strategic cooperation Continue Reading
Lithium is once again rallying as automakers go all-in on electric vehicles. Demand for lithium is set to see a prolonged rally, prompting buyers to scramble to secure long-term contracts. Continue Reading
The BMW Group is introducing its innovative eDrive Zones in another 20 European cities, including Copenhagen, Verona and Toulouse. A total of 138 cities in Europe are now benefiting from Continue Reading
BlackRock Inc. is joining automakers including BMW AG , Volkswagen AG and Ford Motor Co. as shareholders in electric-car charging consortium Ionity GmbH , contributing to a 700 million-euro ($787 Continue Reading
Among a litany of the challenges, the ongoing semiconductor shortage has weighed on U.S. automotive manufacturers. Despite solid demand, sales have faced strong headwinds from the part shortages, paired with Continue Reading
The U.S. Environmental Protection Agency ’s calculation of modest gains in carmakers’ fuel economy last year spotlight the need for a rapid increase in electric vehicles if the industry is Continue Reading
Prime Minister Boris Johnson will set out plans for a dramatic expansion of the U.K.’s electric-vehicle charging network by 2030 when the government will ban the sale of new gasoline Continue Reading
Some of today’s vehicles already feature more than 100 control units. This high complexity of electrical and electronic systems and their architecture will further increase, but must remain manageable. The Continue Reading
GlobalFoundries (GF), a global leader in feature-rich semiconductor manufacturing, and Ford Motor Company announced a strategic collaboration to advance semiconductor manufacturing and technology development within the United States, aiming to Continue Reading
Carmakers are no longer just struggling to match Tesla on electric vehicle technology but are scrambling to come close on production too. For years it had been assumed that the Continue Reading
The world is currently obsessed with cutting global emissions, and the aviation industry is now in the spotlight as the next sector that needs to ‘go green’ While plenty of Continue Reading
At international climate talks earlier this month, the U.S. tried to prove to the rest of the world that it would once again be a leader in tackling climate change Continue Reading
U.S. lawmakers are weighing a bill that would allow soybean oil-based jet fuel to qualify for an unprecedented tax credit, a win for biofuel producers and a blow to environmental Continue Reading
Ford wants to become the world’s largest electric car maker, overtaking industry leader Tesla and larger rivals including Volkswagen, its chief executive said on Thursday. Jim Farley outlined the US Continue Reading
President Biden says he wants to save the planet and save union jobs. The electric-vehicle tax credit in his social spending package shows how those aims can sometimes conflict. The proposal Continue Reading
Demand for flights is set to soar this winter as travelers finally have a chance to get back on planes after almost two years of covid restrictions Airlines are having Continue Reading
Lucid Group Inc. LCID 23.71% became the latest electric-vehicle startup to top automotive icon Ford Motor Co. F -0.35% in market value, another example of how investor enthusiasm is intensifying for car companies that shun gasoline. Stock in Lucid, Continue Reading
Many airlines have been chasing customers with fare sales, but rising fuel costs are likely to soon change that A recovery in air travel demand has triggered a quick rebound Continue Reading
Joe Biden will meet the leaders of Mexico and Canada this week as his plans to encourage Americans to buy electric cars made in the US have sparked furious opposition Continue Reading
Democratic Senator of West Virginia, Joe Manchin, who holds a decisive vote in a divided Senate, opposes a proposed additional tax credit for electric vehicles made by unionized workers, describing Continue Reading
Major airlines have committed to eliminating their net carbon emissions by 2050 even as they expect a fivefold increase in annual global passengers over the same period. To meet that Continue Reading
A group of countries, companies and cities committed on Wednesday to phasing out fossil-fuel vehicles by 2040, as part of efforts to cut carbon emissions and curb global warming. But Continue Reading
At least six major automakers — including Ford, Mercedes-Benz, General Motors and Volvo — and 30 national governments pledged on Wednesday to work toward phasing out sales of new gasoline Continue Reading
Japan’s Subaru Corp (7270.T) on Thursday unveiled its first all-electric vehicle (EV), the Solterra, the result of a two-year joint development project with its biggest shareholder Toyota Motor Corp (7203.T) Continue Reading
South Korea demonstrated a system for controlling urban air mobility vehicles (UAM) on Thursday, which it hopes will serve as taxis between major airports and downtown Seoul as soon as Continue Reading
Ford and Purdue University researchers are working to develop a new, patent-pending charging station cable that could combine with in-development vehicle charging technology, making it even easier for people to Continue Reading
A move by governments to agree to phase out production of fossil fuel-driven cars and vans by 2040 was important in sending “a clear signal” to the market, the chief Continue Reading
The head of Vitol Group , the world’s biggest independent oil trader, said global demand has recovered to 2019 pre-pandemic levels and is poised to go even higher early next Continue Reading
Hyundai Motor Group (HMG) is launching a new company called Supernal, LLC to take its future mobility vision forward. An evolution of HMG’s Urban Air Mobility Division, Supernal is developing Continue Reading
Battery electric vehicles are only as clean as the energy source used to generate the electricity that powers them. The calculated relative amounts of well-to-wheels emissions of greenhouse gases from Continue Reading
Michigan State University introduced an electric autonomous bus that will serve students, staff and faculty beginning early 2022 as part of the campus’ smart mobility ecosystem. The bus represents one Continue Reading
The roughly $1 trillion infrastructure package passed by Congress on Friday provides a spark to efforts to build a national network of electric-vehicle charging stations. The bipartisan measure touches on nearly Continue Reading
Tesla Inc. TSLA 1.32% and Hertz Global Holdings Inc. HTZZ 2.58% are negotiating over how quickly Hertz will receive deliveries from a bulk order of 100,000 Tesla electric cars for its rental fleet, according to people familiar with the matter. Hertz Continue Reading
Cheap batteries have been the key factor for the mass adoption of electric cars for a while now. Until recently, battery costs were on a steady downward curve as technology Continue Reading
BP: Global oil demand has already exceeded the threshold of 100 million barrels per day Demand will continue to increase and reach pre-COVID levels at some point in 2022 Global Continue Reading
ZeroAvia announced a development collaboration with Alaska Air Group, the parent company of Alaska Airlines, for a hydrogen-electric powertrain capable of flying 76-seat regional aircraft in excess of 500 NM. Continue Reading
General Motors announced a new community charging program to install up to 40,000 Level 2 EV chargers across the US and Canada. GM and its dealers will work together to Continue Reading
In the US Energy Information Administration’s (EIA’s) International Energy Outlook 2021 , released earlier this month, the EIA forecast that the global light-duty vehicle (LDV) fleet will grow from 1.31 Continue Reading
Tesla Inc. TSLA 12.66% crossed $1 trillion in market value Monday, joining a select group of companies after its stock price more than doubled this past year on surging vehicle sales and rising profits. Continue Reading
The German government is topping up the funding for private charging stations for electric cars in residential buildings by a further €300 million (US$349 million). The purchase and installation of Continue Reading
Predicting oil—or, apparently, gas—prices is a notoriously uncertain business Over the longer term, predicting oil prices becomes even more challenging But besides crazy bets on high oil prices in the Continue Reading
Tesla has delivered yet another incredible earnings report, shocking markets with its improving profit margins There is more to come from the trailblazing electric vehicle company, however, with its move Continue Reading
Thousands of companies involved with making, selling and servicing traditional vehicles face an uncertain future as the country transitions to electric vehicles. From metal fabricators to auto mechanics and corn Continue Reading
Surging sales of hybrid and fully electric vehicles in Europe remained strong in the third quarter of 2021, helping to shrink the market share of conventional gasoline and diesel cars Continue Reading
Tesla Inc. TSLA 0.18% notched a third consecutive record quarterly profit, thanks in part to the electric-vehicle maker’s ability to navigate persistent global supply-chain disruptions. The strong earnings came after Tesla delivered roughly 73% Continue Reading
A sharp rise in the price of fuel is threatening the airline industry’s slow recovery from the coronavirus crisis. Oil prices climbed to their highest levels in seven years this Continue Reading
Soaring energy prices and fuel shortages have sparked a rise in searches for electric vehicles. The lack of EV infrastructure still presents a major problem for the widespread adoption of Continue Reading
Despite a shortage of semiconductors, the Volkswagen Group delivered 122,100 BEVs (battery-electric vehicles) to customers in the third quarter (July to September), an increase of 109% compared with the prior-year Continue Reading
Universal Hydrogen closed a $62-million new funding round; the oversubscribed round was completed less than six months after the company’s Series A ( earlier post ), bringing total raised to Continue Reading
